Diploma in Finance Management
$495
Leads to certification
Certification / Management

Diploma in Finance Management

The eHotelier Diploma Finance Management delivers the skills and knowledge required to succeed as a professional in a Financial Management role.

The certification is delivered through online training courses and supported by professional mentoring. Courses consist of the core competencies of Financial Management and four elective topics.  Courses cover key skill areas, general knowledge, and associated soft skills.

The Diploma requires completing a case study located in this course. 

Curriculum content

  •
    This course provides a practical introduction to core accounting principles, helping you build the skills needed to understand, record, and manage financial information. What You'll Learn The accounting cycle, from transactions to financial statements. Double-entry bookkeeping, including debits and credits. Accrual and cash accounting methods. Journals, ledgers, and financial record-keeping. Accounting standards, policies, and compliance requirements. Managing financial records, tax documentation, and reconciliations. Maintaining accurate ledgers and trial balances. Using accounting software to improve efficiency and accuracy. By the end of this course, you'll have a solid foundation in accounting and the confidence to apply key financial principles in the workplace.

    • Lesson Maintain Financial Records

    • Lesson Course Completion Survey

  • This course will help hospitality professionals develop the financial skills needed to improve hotel performance and profitability. You’ll learn how to interpret financial data, apply key financial principles, and make informed business decisions with confidence. What You'll Learn Understand and apply financial fundamentals. Use financial principles in real-world hospitality operations. Build a strong foundation in financial literacy. Meet financial performance goals and assessment requirements. Access, interpret, and monitor financial reports and data. Assess financial impacts on operations and identify discrepancies. Communicate financial information effectively to stakeholders. By the end of this course, you'll be able to use financial information to support better decision-making and contribute to the success of your hotel.

  • Effective budget management is essential for controlling costs, maximising profits, and supporting business success. This course will help you develop the skills to prepare, manage, and review budgets with confidence. Learning Outcomes Prepare Budget Information Identify budget requirements and relevant financial data. Analyse factors that may impact the budget. Involve team members in the planning process. Prepare Budgets Develop budgets based on available information. Estimate income and expenses. Align budgets with organisational goals. Present recommendations and seek feedback. Finalise Budgets Review, negotiate, and update budget proposals. Complete and communicate final budgets. Clarify budget responsibilities across teams. Monitor and Review Budgets Track actual performance against budget targets. Prepare and review financial reports. Investigate variances and make adjustments. Use budget results to improve future planning. By the end of this course, you'll be able to create, manage, and monitor budgets that support strong financial performance and informed decision-making.

  • This course is designed for current and aspiring hospitality leaders who want to build high-performing teams and lead with confidence. Learning Outcomes Model High Standards Lead by example and demonstrate professionalism. Support organisational goals through daily actions. Build positive relationships with team members. Build Team Commitment Communicate goals, roles, and expectations clearly. Encourage responsibility, innovation, and teamwork. Foster open and supportive communication. Seek, share, and act on team feedback. Represent team interests within the organisation. Manage Team Performance Delegate tasks effectively and remove barriers. Develop team members' skills and capabilities. Monitor performance and progress towards goals. Provide coaching, mentoring, and support. Motivate, recognise, and reward team achievements. By the end of this course, you'll have the skills to lead people effectively, strengthen team commitment, and improve workplace performance.

  • As a hotel manager, effective financial management is essential to business success. This course will help you develop the skills to process payments, reconcile accounts, and maintain accurate financial records with confidence. Learning Outcomes Process Customer Payments Receive and record cash floats. Process and record payments accurately. Provide correct change and issue receipts. Use payment systems and software efficiently. Reconcile Takings Balance cash and payments against sales records. Identify and report discrepancies. Record and secure takings in line with procedures. Maintain accurate financial records and controls. By the end of this course, you'll be able to confidently manage financial transactions and support the financial performance of your hotel.

  • Supervisors and managers must be able to work within the constraints of a budget in order to successfully run their department. The Manage Finances Within a Budget course will help you understand how to: Allocate budget resources Monitor financial performance against budget Analyse performance and suggest improvements Complete financial reports

  • Effective stock management ensures your hotel has the right supplies available while reducing waste and improving profitability. This course will help you develop the skills to receive, store, and maintain stock efficiently. Learning Outcomes Receive Stock Check deliveries against orders and records. Identify and report discrepancies or damaged goods. Record incoming stock accurately. Store Stock Store stock safely and correctly. Label items and report excess stock. Follow safe handling procedures. Maintain Stock Rotate stock to minimise waste. Monitor quality and report issues. Dispose of spoiled stock safely. Maintain clean storage areas and use stock control systems effectively. By the end of this course, you'll be able to manage stock efficiently, reduce waste, and support smooth hotel operations.

  • Maintain the Quality of Perishable Items A kitchen cannot produce menu items without the necessary supplies. As a chef, you will be required to receive kitchen supplies and put them away in the appropriate storage areas, following the correct processes. This course will help you understand: The delivery and receiving process Appropriate storage conditions and equipment Importance of temperature control for fresh and frozen commodities FIFO principle Stock maintenance and rotation

  • Organisational and project management skills are essential for people involved in event management. What you will learn: How to source information relevant to the project Project planning procedures Project management techniques and theories How to administer and monitor the project to ensure it is carried out effectively

  • Hospitality businesses often have large amounts of money invested in equipment, facilities, furniture and other assets. It is therefore essential to look after the investment and to plan for future investments. What you will learn: Types of assets in a business Strategies for maintenance, repair and purchase of assets Environmentally sustainable asset management Asset management systems Financial implications of assets

  • This course provides the essential skills and knowledge to purchase goods effectively, source reliable suppliers, and support organisational requirements. Learning Outcomes Determine Purchasing Requirements Identify goods needed and assess existing stock. Calculate required quantities and budget limits. Develop and prioritise purchase lists. Source Suppliers Identify and evaluate potential suppliers. Confirm product availability and specifications. Obtain pricing and negotiate within organisational guidelines. Purchase and Assess Goods Evaluate suppliers based on price, quality, and delivery. Select suitable suppliers and complete purchases. Maintain accurate purchasing records. By the end of this course, you'll be able to confidently source, evaluate, and purchase goods that meet operational and budget requirements.

  • Effective stock control is essential to maintaining operational efficiency, controlling costs, and ensuring smooth service delivery. This course provides practical knowledge and skills to help hospitality professionals manage stock levels, maintain accurate records, reduce losses, and optimize ordering processes. What You'll Learn Monitor stock receipt, storage, and dispatch procedures Maintain accurate stock records and reorder levels Process and track supplier orders effectively Identify, report, and minimize stock losses Coordinate stocktakes and cyclical inventory counts Analyze stock performance and support informed purchasing decisions By the end of this course, you'll be able to implement effective stock control practices that improve efficiency, reduce waste, and support business profitability.

  • In many situations it is important to gain input from a number of people. When planning and managing a meeting it is important to be able to organise yourself correctly and ensure the meeting is carried out correctly. What you will learn: Styles and types of meetings Developing meeting agendas Formal meeting procedures How to conduct and control a meeting

  • Strong presentation skills help hoteliers communicate effectively, influence audiences, promote services, and build trust with guests, colleagues, and business partners. Learning Outcomes Prepare a Presentation Plan presentation objectives and outcomes. Select suitable formats, delivery methods, and presentation aids. Brief team members on their roles. Identify ways to evaluate presentation effectiveness. Deliver a Presentation Communicate key messages clearly and confidently. Use visual aids and examples to support understanding. Engage the audience and encourage participation. Respond to audience needs and questions. Summarise key points effectively. Review a Presentation Evaluate presentation effectiveness. Gather feedback from participants and stakeholders. Use feedback to improve future presentations.

  • Welcome to our course on Operational Planning for Hotel Professionals! In this course, we will equip you with the essential knowledge and skills to excel in the dynamic and ever-evolving hospitality industry. Whether you are a seasoned hotel professional seeking to enhance your operational planning capabilities or an aspiring hotel manager eager to learn the ropes, this course meets your needs. Throughout this course, you will embark on a journey of discovery and growth, exploring the intricacies of operational planning and its significance in the hospitality sector. We understand the demands and challenges that hotel professionals face every day, and our goal is to provide you with practical strategies and insights that you can implement immediately in your workplace. Learning Outcomes:  Establish operational plan Research, Analyse and document resource requirements Negotiate recommendations for variations to operational plans and gain approval

  • A well-developed business plan is the foundation of sustainable growth and long-term success. This course provides the practical knowledge and tools needed to create, implement, and evaluate effective business plans that drive performance and support strategic decision-making. What You'll Learn Develop a comprehensive business plan, including market analysis, SWOT assessment, and sales and marketing strategies Communicate and implement business plans effectively across the organization Establish performance measures and reporting processes Analyze business results and respond to performance data Refine strategies to achieve business goals and improve outcomes By the end of this course, you'll have the confidence and skills to create actionable business plans, monitor progress, and make informed decisions that support business growth and success.

  • This unit is ideal for professionals looking to take their risk analysis and project management skills to the next level. By completing this course, you will be able to demonstrate your ability to identify unpredictable problems and create solutions using information from a range of sources. With this course, you will be able to identify potential risks associated with individual projects or operations more effectively and confidently. By completing this course, you can better understand risk management and project management to make informed decisions that lead to successful outcomes. 

  • This case study relates to an office conversion of a city centre office block to a mid-range hotel. The case study is set in a fictional context, but the data presented is based on actual operations. The data has been tested to ensure that it is realistic, reliable and within conventional industry benchmarks. In analysing this case study, you should ensure that you consider all information and data as relevant and use the data and your analysis to illustrate your answer.